Suncor

Suncor Energy Inc. (TSX: SU NYSE: SU) is Canada's original oil sands developer, having produced the first barrel of crude oil from the Athabasca oil sands in northern Alberta in 1967. Suncor is the world's second largest producer of oil sands crude (after Syncrude Canada Ltd.) and is the only company to currently use both mining and in-situ resource technologies.

Financial outlook
Suncor's last big banking financing in 2007 tapped 18 banks, five of which were Canadian. On a new $3.5-billion Suncor loan package negotiated last month, TD tripled its commitment.

Coal Gasification
In 2007, Suncor worked with Dow Chemical Co., Citi Sustainable Development Investments, and The AES Corp. to put together a $100 million investment for GreatPoint Energy, a coal gasification company based in Cambridge, MA. The investment was used to create a pilot gasification plant called the Mayflower Clean Energy Center, located at Dominion's Brayton Point station in Somerset, Massachusetts. This was the largest "green tech" investment of 2007, and "one of the industry's biggest venture capital rounds ever."

Directors
Accessed September 2009:


 * John Ferguson
 * Richard L. George - President and Chief Executive Officer
 * Mel E. Benson
 * Brian Canfield
 * W. Douglas Ford
 * Paul Haseldonckx
 * John R. Huff
 * Brian MacNeill
 * Maureen McCaw
 * Mike O'Brien
 * James Simpson
 * Eira Thomas

Contact information
Suncor Energy Inc. P.O. Box 38, 112 - 4 Avenue S.W. Calgary, Alberta Canada T2P 2V5

Phone: (403) 269-8100 Fax: (403) 269-6200

Website: http://www.suncor.com Email: info AT suncormail.com

SourceWatch resources

 * Alberta's tar sands
 * Canadian Oil Sands Trust
 * Journalists Covering Tar Sands
 * Syncrude
 * Peter Sandman
 * GE Water & Process Technologies
 * Canadian Boreal Initiative
 * Mayank M. Ashar
 * Greg Furman

Articles

 * Richard Blackwell, "Greenpeace Site Admonishes Oil Sands," The Globe and Mail (Canada), June 27, 2008.